Water management ///
Fady Rizk, Exterran
Properly managing produced water is essential in U.S. shale fields. Customized solutions, optimized for long- and short-term applications, are increasing oil recovery and reducing disposal costs to maximize ROI.
Big Spring is the second of three facilities in Milestone’s previously announced 2019 construction program, and part of a broader goal to build the largest, most environmentally-conscious oilfield waste disposal network in the Permian basin.
While drilling activity in the Permian has been cooling in recent months, the business of supplying water to shale producers in the biggest U.S. oil patch – and disposing of the wastewater – continues to attract private equity.
Equinor performed rigorous testing of the Stauper technology at the Grane Field in the North Sea, and the results showed that up to 99.5% of oil was removed from the produced water.
Equinor has signed a Framework Agreement with IFPEN for provision of advanced R&D services in oil & gas technologies, renewable energies and low carbon solutions for a period of four years.
Water midstream provider Lagoon Water Solutions closed on an $85 million purchase of Continental's eastern STACK water recycling facility, gathering system and three related disposal wells in Blaine County, Oklahoma.
As much as $9-billion will be needed over the next decade to dispose of produced water in the world’s busiest shale field, according to Raymond James & Associates Inc.
Solaris Water launches operations at its expanded Lobo Ranch Produced Water Recycling and Blending Center in Eddy County, New Mexico.
Callon Petroleum Company has announced the launch of a new segment of its website dedicated to the company's sustainability practices.
Exterran Corporation, a global systems and process company offering solutions in the oil, gas, water, and power markets, announces its Water Solutions business has secured a significant produced water treatment contract with a major operator in the Midland area of the Permian basin.
API released the following statement after the U.S. House of Representatives passed the Energy and Water Development Appropriations bill for fiscal year 2020, providing record funding for the U.S. Army Corps of Engineers.
Tesco Controls, Inc., a North American control system solutions provider for the water/wastewater industry, has announced that it has acquired Trimax Systems, Inc. for an undisclosed sum.
Solaris is closing in on water deals with other companies as explorers increasingly outsource one of the key components of fracing.
Post Oak Energy Capital, LP and Genesis Park, LLC, through investment partnerships each company separately manages, has announced that they have led a $200 million equity commitment to Layne Water Midstream Holdings, LLC (LWM).
Scott Hodges, a 57-year-old manager with Occidental Petroleum Corp., runs a cluster of installations at the Hobbs oil field, where dozens of wells don’t pump a single barrel of oil but instead do the opposite: push stuff -- lots of it -- into the ground.
Blackstone has announced that funds managed by Blackstone Energy Partners L.P. have formed Waterfield Midstream, a full-cycle provider of water management services, including water gathering, treatment, recycling and disposal, to provide solutions to producers in the Permian Basin.